Forbes October 29, 2025
Health insurer Centene reported a $6.6 billion third-quarter loss as the company struggles to control rising healthcare costs in the government-subsidized health plans it administers and sells.
Centene’s results also reflect a large $6.7 billion goodwill impairment charge related to the dip in the company’s stock price this year and the coming impact of the One Big Beautiful Bill Act President Trump signed into law that will slash Medicaid spending. Centene administers Medicaid benefits for more than 12 million Americans.
In the future, the management of Medicaid patients may get even trickier for health insurers like Centene after Trump signed into law legislation that cuts $1 trillion from Medicaid and individual coverage under the Affordable Care Act that is expected...
Today's Sponsors
Today's Sponsor